We use cookies that are necessary for this site to work. With your permission we would also use analytics and advertising cookies to understand how the site is used and to measure our advertising. Cookie Policy
Pip value is the monetary worth of a single pip movement for a given trade size and currency pair. It depends on three factors: the lot size, the currency pair, and the account currency. For pairs quoted in US dollars (like EUR/USD), pip value on a standard lot is $10 when your account is in US dollars. For non-USD pairs, pip value fluctuates with exchange rates. Knowing your pip value is essential for calculating risk, position size, and potential profit or loss.
On EUR/USD with a 1 standard lot position, 1 pip = $10. On a 0.10 lot (mini lot), 1 pip = $1.00. On a 0.01 lot (micro lot), 1 pip = $0.10. If your stop loss is 30 pips and you trade 0.50 lots, your risk is 30 × $5.00 = $150.
